2017-2018 Federal Tax Update: Individual and Employee Returns (PDF)

$99.00

Combining the real-life experience of a practicing CPA with essential down-to-earth tax materials in a high-tech format, this powerful presentation will enable participants to quickly grasp recent tax changes. You’ll receive the most complete and up-to-date reference manual, written by renowned tax experts, Vern Hoven and Sharon Kreider. The digital PDF manual is hyperlinked to the Internal Revenue Code, tax court decisions, and other primary authorities, making it extremely convenient. Join us as our world-class tax instructors share cutting-edge tax planning strategies in a high energy, often humorous presentation style using real-life experiences, which make complicated tax topics easily understandable. Specific course topics will be announced and updated through year-end.

This course covers material also contained in 2017-2018 Federal Tax Update.

  • Credit Hours:  7
  • NASBA Field of Study: Taxes
  • Level:  Update
  • Prerequisites: General tax preparation experience 
  • Advance Preparation: None
  • IRS Course #: BZ8FR-U-00068-17-S
  • IRS Federal Tax LAW/UPDATE Credits:  7
SKU: 2018FTUINDPDF Categories: ,

Course Description

Combining the real-life experience of a practicing CPA with essential down-to-earth tax materials in a high-tech format, this powerful presentation will enable participants to quickly grasp recent tax changes. You’ll receive the most complete and up-to-date reference manual, written by renowned tax experts, Vern Hoven and Sharon Kreider. The digital PDF manual is hyperlinked to the Internal Revenue Code, tax court decisions, and other primary authorities, making it extremely convenient. Join us as our world-class tax instructors share cutting-edge tax planning strategies in a high energy, often humorous presentation style using real-life experiences, which make complicated tax topics easily understandable. Specific course topics will be announced and updated through year-end.

This course covers material also contained in 2017-2018 Federal Tax Update.

Highlights include:

  • Updates on the latest individual tax reform proposals
  • 20% capital gains tax +3.8% NII tax
  • Mortgage interest deductions cases and rulings
  • Charity audit issues
  • Credit rule changes

Learning Objectives

After completing this section of the course, you will be able to:

  • Identify the tax law changes and extensions provided in court cases and in legislation.
  • Recognize important administrative tax issues related to filing status and personal and dependency exemptions.
  • Cite issues related to capital gains and dividends, social security payments, and other gross income items and adjustments to gross income.
  • Identify the tax laws related to gross income, the standard deduction, itemized deductions, and adjustments to gross income.
  • Identify net investment income for the 3.8% Medicare tax.
  • Recognize the requirements and calculations of the alternative minimum tax, the kiddie tax, and various tax credits.
  • Cite the framework and compliance issues required for individuals and businesses by the Affordable Care Act.

Prerequisites

General tax preparation for individuals and small businesses

Program Level

Update

Field of Study

Taxes

Advance Preparation

No advance preparation is required for any of the following courses. We simply recommend you save and/or print out the course manual to follow along with during the online course, and to use for future reference. In order to download, click “Course Manual” under Course Menu on the right side of your screen. When the document appears on your screen, go to File, then Save and/or Print. The manual is yours to keep! After saving or printing, simply close the screen to return to your “Course Overview” page.

Instructional Method

QAS Self-Study

CPE Credit Hours

7 Credits

Credit Hours are based, in accordance with the National Association of State Boards of Accountancy’s (NASBA’s) Standards for Continuing Professional Education (CPE) Programs, on a 50-minute hour. Upon successful completion of the exam (70% or higher), you will be presented with a printable Certificate of Completion detailing the Course Name and earned Credit Hours.

Program Registration

Simply click the “Add to Cart” button following the course description and, once you complete the order form, you will be asked to create a username and password good for one year from the date of purchase. You can change your password at any time. You will have one year from date of purchase to review the course(s) you purchase, and take the final exam. Once you pass the exam, you will have completed the course.